Good morning all, the weekend is a great time to analyze what's going on with Bitcoin. We was previously in a sell from the retest and the moving average resistance point. As advised last time the stop loss was set to entry so it was a risk free trade, and this proves why we do this when trading BTC. Price looked to be making a bearish flag to continue but Bitcoin...
Good morning all. Checking back in on the BTC sell I posted last time out. Did you take the sell trade? There was a perfect sell from the moving average. We did get a nice drop down in price, and now it looks like price is forming a bearish flag. If you took the trade along with me then set it to risk free with SL at BE and let it ride out. I'd like to see...
What's next for Bitcoin? I have been watching it for a few days and price looks to be in a uniform bear trend start. WE have made 2x lower low's and a lower high. Are we about to make a second lower high in what could be a short to medium bearish trend? Certainly looks possible with price looking to reject the moving average. We could take a sell here if...
Good evening, update on our Bitcoin buy trade. I have closed my trading position on yesterdays candle close. Closed the remaining of my position at 10.5K pips. With the drop through trend and price making a lower low it was certainly time to close the position and take profits. But this drop I price also provides us opportunity to buy actual BTC for cheaper, just...
Checking in back on Bitcoin. Weirdly this trend seems fairly boring and is moving more like the forex markets. Almost text book. Currently still heavily in profits, price is even respecting more and more technical aspects, i.e EMA, Trend line. BUT I wanted to try and add Volume into my outlook overall. Does anyone have any tips on what to look for with Volume....
Good evening all. Checking back in on Bitcoin again today. The buy position is still looking well. After a few days the drop back in price does now look like it was just a pull back along the way in the bullish trend. As you can see the demand zone between 42-44k has held strong, add that to the moving average and trend line support its provided multiple...
Good evening all. Looking back at Bitcoin again today, as obviously we had a very big impulsive candle to the downside. Media outlets calling it a 'crash' and half of the internet. But lets take a broader perspective, we want to know what's going on mid to long term to make good profits. Obviously the second stacked position would of got stopped out at entry if...
Good morning all, checking back in on our Bitcoin buy's. Nice to see all is going well, from the first position I bought in at we're currently 18K pips in profit. The bull run has continued to progress and the second stacked buy position I gave out is currently 6.4k pips in profit. All well above good R:R ratio's. So your free to close partial profits or lock in...
Good evening all. Having a look back at Bitcoin today. We are still in good profits on our position, still in profits on the stacked position level. We have seen price touch supply and now it looks like we are accumulating positions in a bullish flag. Making higher highs and higher lows so the textbook bullish trend is continuing. Id like to see price break out...
Would you take a look at XRP. What a trade this one is turning out to be. Currently trading at $1.29 thats 6700+ pips and over 100% return if you also bought the coin physically too. Not a bad return for a few weeks of holding a trade at all. Now to manage the positions, ive taken my money back out which I used to buy XRP and letting the rest run. My trade is...
Good evening all, checking back in on Bitcoin today. Very happy to see the bull trend is continuing. This just goes to show if you trade your idea's and use risk management its very easy to catch these types of moves. At my entry I was in small DD for a couple of weeks as support was collected, but no been sitting in profit for multiple weeks and can mange the...
Well if any of you follow my setups and charts our buy on XRP is going very nicely currently. I bought in and traded at .62c as of this moment XRP is trading at $1.30 that's over doubled currently on my holdings. We have hit over 1:6 R:R on the trade also. I have moved my stop loss to just under $1.00 and secured just over 1:2 R:R. Hope you all managed to catch it...
Well would you taker a look at XRP. Certainly very bullish lately. When i gave out the signal to buy from the demand zone at the bottom it was a great decision. With XRP you can do both buying physically and trading with leverage also. The trading has hit 3 R:R already, and even if you bought some XRP also depending what price you got in at you will of almost...
Another little update today on Bitcoin. Price Is moving sharply now in a bullish bias. Little demand zones being created along the way breaking the previous supply zones. This current zone could be a good place to buy if you missed the trade. Already hit over 1:3 R:R on original entry and now running risk free with SL in profits. Looks like we might get a good...
Just a little update on the XRP buy that I suggested. Depending on where in you bought XRP we are currently sitting in nice profits. Currently im in 1745 pips profit and have already achieved a 1:1 R:R on this position so far. Locked my position to risk free at entry. Price made a nice little flag and has continued moving bullish. More so price is now trading...
Good morning, checking back in on the Bitcoin buy we took today. I believed 30K to be the bottom, so I traded it. We should have no reason to be afraid to trade what we believe in. Even if we get it wrong its ok that's why we use risk management. But when we get it right like this Bitcoin trade we get rewarded. It look's like the Bull has returned. We have made...
Last time out looking at XRP I believed it was a cheap price to buy in at. 0.50c was a great price to buy XRP for the potential of growth. We had a lovely double bottom before the push upwards. Wether you bought to hold or traded with leverage the potential from XRP is great with this trade setup. Keep holding for now as we may have caught the start of a great...
Is this the start of the next bull push, the 30k demand zone held up pretty well after being tested multiple times. I have been holding a buy and currently sit in nice profits. Significantly we broke above the last lower high that was made on the move down. Price peaked at 42.5K and currently we look to be testing the 40K price point as support. If price holds...